In terms of the partnership agreement, partners Henry and Peter are entitled to salaries of R10 000 per month…

In terms of the partnership agreement, partners Henry and Peter are entitled to salaries of R10 000 per month…

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In terms of the partnership agreement, partners Henry
and Peter are entitled to salaries of R10 000 per month
and R12 000 per month respectively from 01 March
2022 (the beginning of the financial year) to 31 May
2022: The salaries were increased by 10% with effect
from 01 June 2022. How much will be reflected as
partners’ salaries for the financial year ended 28
February 2023?
OA. R270 600
OB. R283 800
O C. R290 400
O D. R264 000

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